CTX 0.16% $25.21 caltex australia limited

Ann: Caltex Refiner Margin Update (Q4 2018), page-2

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  1. 60 Posts.
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    Question. Does a lower CRM for Q4 2018 of (US$7.77/bbl) mean that they are making less profit than Q3 2018 at (US$12.17/bbl)? If so, why didn't the share price drop on what seems to be bad news?
 
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